CEO of cryptocurrency exchange, ShapeShift, Erik Voorhees trusts that Bitcoin’s [BTC] growth relies heavily on bubbles reports Coin Telegraph. On Wednesday, May 15, Voorhees expressed his sentiments in an interview with Bloomberg TV and has since made several cases by expounding on bubbles that have burst in the past and how volatility is essential. In particular, he made it clear that there’s no way for BTC to experience steady growth and here’s his reason(s) as to why this is so: “There have to be bubbles in crypto because crypto is taking over the world, and it’s not just going to advance 5% per month without end. If it did that, people would start buying it up and frontrunning it and turning it into a bubble.” Said comment comes amidst Bitcoin’s current price hike, as several leaders within the space have deemed that the bear market has come to an end, with the bull currently in place. As for this phenomenon, Voorhees trusts that factors such as volatility and speculation for
Facebook aims to start testing its GlobalCoin cryptocurrency by year-end; Grayscale gets the nod to publicly quote eligible shares of Grayscale Ethereum Trust (ETHE); and Coinbase opens up trading of the Dai stablecoin to all customers.
Facebook is planning to launch its cryptocurrency named ‘GlobalCoin’ in a dozen countries by the first quarter of the next year in 2020. Furthermore, the social media giant plans to test the cryptocurrency by the end of this year.
Ethereum co-founder Vitalik Buterin proposed a solution to improve the privacy of the network. His ‘minimal mixer design’ could send fixed quantities of ETH from one account to another without the link being visible on-chain.
Will Facebook cryptocurrency GlobalCoin be the catalyst to mass adoption propelling cryptocurrency usage from 30 million to 2.4 billion? Maybe, but several concerns remain. Facebook Quietly Planning Killer App If one thing was notable about Facebook and cryptocurrency this time last year, it was the platform’s hostility towards it. In January 2018, the social media …
Warner Brother’s exec Ryan Kavanaugh is planning to launch a security token for his studio, Proxima Media, after receiving $100 million in funding, according to a press release. The token, dubbed Proxicoin, will serve as a new tool for funding media, including film, TV and music projects and is backed by the Central Wealth Group …
By CCN: Throughout the past three years, the bitcoin price has demonstrated relatively large pullbacks averaging 30 percent following a large upside rally. https://twitter.com/Josh_Rager/status/1131039202286755845 Every pullback, however, was followed up with an average gain of more than
Блокчейн-платформа Telegram Open Network (TON) запустится уже в третьем квартале 2019 года. Об этом сообщает The Block со ссылкой на инвесторов проекта, которые якобы получили письма с данной информацией. Согласно полученным документам, тестирование платформы успешно завершено. Его результаты подтвердили соответствие блокчейна и алгоритма консенсуса заявленным в white paper целям. “Период тестирования повторно подтвердил уверенность в том, что виртуальная машина TON и алгоритм консенсуса способны достичь целей, описанных в оригинальном white paper”, – говорится в письмах к инвесторам. Напомним, закрытое тестирование TON стартовало в апреле. Возможности блокчейн-платформы тестировали несколько профессиональных команд, состоящих из разработчиков из разных стран мира, в том числе из России. Окончательно платформа должна быть запущена не позднее 31 октября 2019 года. В противном случае все соглашения на покупку токенов Gram с инвесторами проекта будут аннулированы. ForkLog делал подробный
Ray Youssef, Co-founder and CEO of Paxful, has announced the official launch of their crypto-wallet. Paxful is a peer-to-peer Bitcoin market place, which had previously promised to give away Bitcoins to all those who attend their workshops and download their wallet app. In a statement announcing the launch, the Co-founder said that Paxful understood that […]
For the second time in as many weeks the Bitcoin pullback that was expected has not materialized. BTC found support above $7,800 and its slide has been For the second time in as many weeks the Bitcoin pullback that was expected has not materialized.
Brave Browser is an open-source web browser based on the Chromium web browser. Its utility token, BAT has been performing well compared to other tokens in a market undergoing massive volatility. In a recent update, Brave announced that they were testing a new feature related to tipping content creators, which might be similar to XRP’s […]